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MasterCard Europe Q3 2009 purchase transactions volume climbs 5.2%

Thursday 5 November 2009 10:30 CET | News

MasterCard Europe has seen has seen its Q3 2009 purchase transactions volume climb 5.2 percent compared to the same interval in 2008, a trend which, according to company representatives, attests to an increased electronic payments level in the region.

For Q3 2009, MasterCard Europe witnessed a 0.2 percent increase in its MasterCard gross dollar volume for Europe, while purchase volumes grew by 1.6 percent. The company’s Q3 2009 cash transactions fell 2.7 percent compared to the same interval of 2008.

From 1 July until 30 September, European cardholders made more than 1.7 billion purchase transactions with their MasterCard-branded cards, including those made online. As of 30 September 2009, 197 million MasterCard cards (excluding Maestro and Cirrus) had been issued by MasterCard customer financial institutions across Europe, an increase of 1.9 percent compared to the same quarter in 2008.

European cardholders could use their MasterCard cards at 8.7 million acceptance locations in the region and at 29.4 million acceptance locations worldwide. In addition, the Maestro brand mark appeared on 305 million cards. Consumers can now make point of sale purchases with their Maestro cards at 7.4 million merchant locations throughout Europe and at 12.3 million merchant locations worldwide.


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Keywords: MasterCard Europe, financial results, Q3 2009, MasterCard-branded cards, electronic payment
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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